November 24, 2024

Energy Market

Business Wire
NV Energy Confirms Intent to Join CAISO’s EDAM

NV Energy intends to join CAISO’s Extended Day-Ahead Market, an official with the utility said, notching a major win for the ISO in its competition with SPP’s Markets+ day-ahead offering in the West.

NV Energy
NV Energy to Join CAISO’s Extended Day-Ahead Market
NV Energy plans to make its intention to join the CAISO EDAM public on May 31 when it files an integrated resource plan with the Public Utilities Commission of Nevada.
Terra-Gen
CAISO, WEIM Boards Approve Proposal to Raise Offer Cap
CAISO’s Board of Governors and WEIM Governing Body unanimously voted to approve an expedited proposal to increase the ISO’s soft offer cap from $1,000/MWh to $2,000.
© RTO Insider LLC
ERCOT Technical Advisory Committee Briefs: May 22, 2024
ERCOT stakeholders plumbed the depths of Robert’s Rules of Order and amended motions before endorsing a rule change that allows the grid operator to manually release contingency reserve service from economically dispatched resources after repeated violations of the system power balance constraint. 
FERC
FERC Forecasts High Temperatures, Flat Prices for Summer
This summer should bring high temperatures and electricity demand but flat power prices as cheaper fuel offsets heavy load, according to a FERC assessment.
WW Clyde
Is NV Energy Leaning to CAISO’s EDAM?
An NV Energy executive provided the strongest public indication yet as to why the utility is poised to choose the ISO's Extended Day-Ahead Market over SPP’s Markets+.
Shutterstock
MISO: Worsening Uninstructed Deviation Needs Attention
Five years after it introduced rules to curb generators’ uninstructed deviations from dispatch instructions, MISO said such departures are worse than ever and it likely needs to strengthen rules and software.
MISO
MISO Braces for Hot Summer, Potential 130-GW Peak
MISO expects a hot summer and should be able to survive load peaks into the 120-GW range, but the system could be on the brink if a scorching day produces demand near 130 GW.
© RTO Insider LLC
New Mexico Plots Next Steps for Day-ahead Market Decisions
As a next step in deciding which of two competing Western day-ahead markets to join, two of the state's utilities are commissioning a study of transfer capability under different market scenarios.
RWE
CAISO Moves for Expedited Change to Soft Offer Cap
CAISO is proposing to raise the soft offer cap in its market from $1,000/MWh to $2,000 to accommodate the bidding needs of battery storage and hydro resources in time for operations this summer.

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